Most executives' compensation beat their target pay
The Big Four Canadian life insurers reported near-record profits for 2022, DBRS says
Revenue growth across major business segments was outpaced by rising costs
RF Capital CEO Kish Kapoor attributed the problems to technology issues, data transfer challenges and user training
The quarter included a $1.6-billion charge to settle a lawsuit
Revenue in wealth management was up 8%
Rising interest rates drive increase in wealth management revenue
Net income for wealth management was down 12% from a year ago
Net income for global wealth management was down 7% from the previous year
MacAlpine declined to provide the share of the U.S. business it would spin off